Nippon India Balanced Advantage Fund - Growth - Regular Plan

Item: Nippon India Balanced Advantage Fund - Growth - Regular Plan
Rating: 3
Author: PersonalFN

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₹172.2974 (-0.52%)Nav, as on 06-09-2024
Previous Nav
₹ 173.1911
Net Change on 06-09-2024
₹-0.89
PersonalFN Rating
Category
Hybrid - Balanced Advantage
Assets (Cr.)
₹ 8,802.55
Expense Ratio
1.75%
(As on Jul 31, 2024)

Fund Overview Growth | Regular Plan

Fund House
Nippon India Mutual Fund
Launch Date
15-Nov-2004
Benchmark
BSE SENSEX - TRI
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil for 10% of units on or before 12M, In excess of limit 1% on or before 12M and Nil after 12M
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
136.79
52 Week Low Nav Date
26-Oct-2023
52 Week High Nav (₹)
173.27
52 Week High Nav Date
03-Sep-2024

Fund Objective

The investment objective of the scheme is to capitalize on the potential upside in equity markets while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option	2.49	7.17	24.56	12.37	14.04	15.44
BSE SENSEX - TRI	3.47	8.60	24.77	13.11	18.42	13.87
CRISIL Hybrid 50+50 - Moderate Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option	Nov 15, 2004		24.56	12.37	14.04	1.75	8,802.55
Kotak Balanced Advantage Fund -Regular Plan - Growth Option	Aug 03, 2018	Unrated	21.41	11.52	13.63	1.65	16,988.47

Fund Holdings as on 31-August-2024

Company % Assets
ICICI Bank Limited
5.78
HDFC Bank Limited
5.36
Infosys Limited
4.58
Triparty Repo
3.74
Bharti Airtel Limited
3.36
NTPC Limited
2.99
Reliance Industries Limited
2.42
ITC Limited
2.23
Axis Bank Limited
2.11
Larsen & Toubro Limited
2.03
Godrej Consumer Products Limited
1.85
7.18% Government of India
1.58
Jubilant Foodworks Limited
1.56
Tata Consultancy Services Limited
1.56
Avenue Supermarts Limited
1.53
Hindustan Unilever Limited
1.42
State Bank of India
1.41
Power Finance Corporation Limited
1.40
7.26% Government of India
1.16
7.06% Government of India
1.15
Net Current Assets
1.07
ICICI Lombard General Insurance Company Limited
1.01
Coal India Limited
0.94
Indus Towers Limited
0.94
Eicher Motors Limited
0.93
Cube Highways Trust-InvIT Fund**
0.93
Havells India Limited
0.87
HDFC Life Insurance Company Limited
0.87
7.23% State Government Securities
0.85
8.85% Muthoot Finance Limited**
0.85
SBI Life Insurance Company Limited
0.84
United Breweries Limited
0.80
Samvardhana Motherson International Limited
0.80
Cash Margin - Derivatives
0.80
National Highways Infra Trust
0.77
Zomato Limited
0.74
Page Industries Limited
0.72
8.8% Manappuram Finance Limited**
0.68
United Spirits Limited
0.68
IPCA Laboratories Limited
0.65
PB Fintech Limited
0.63
Tata Power Company Limited
0.63
8.4% DLF Cyber City Developers Limited**
0.63
Berger Paints (I) Limited
0.62
Mahindra & Mahindra Limited
0.62
Brookfield India Real Estate Trust
0.60
LTIMindtree Limited
0.59
7.4% National Bank For Agriculture and Rural Development**
0.59
CG Power and Industrial Solutions Limited
0.59
Bharat Forge Limited
0.59
7.32% Government of India
0.58
7.17% Government of India
0.58
7.1% Government of India
0.57
Mindspace Business Parks REIT
0.57
Zydus Wellness Limited
0.57
7.69% HDFC Bank Limited**
0.57
8.18% Mahindra & Mahindra Financial Services Limited**
0.57
7.26% State Government Securities
0.57
7.82% Bajaj Finance Limited**
0.57
7.47% Small Industries Dev Bank of India**
0.57
3M India Limited
0.54
Asian Paints Limited
0.52
8.25% JSW Steel Limited**
0.51
7.4% Summit Digitel Infrastructure Limited**
0.51
Nexus Select Trust - REIT
0.49
Bharat Electronics Limited
0.49
Sonata Software Limited
0.49
7.89% Bajaj Housing Finance Limited**
0.46
8.3% Godrej Properties Limited**
0.45
ABB India Limited
0.45
Muthoot Finance Limited
0.45
Bharat Heavy Electricals Limited
0.45
Gland Pharma Limited
0.44
Bajaj Finance Limited
0.44
Lupin Limited
0.43
Bajaj Auto Limited
0.43
Endurance Technologies Limited
0.43
Shriram Finance Limited
0.42
7.18% Government of India
0.41
8.4% Godrej Properties Limited**
0.40
8.4% Godrej Industries Limited**
0.40
8.85% Cholamandalam Investment and Finance Company Ltd**
0.39
One 97 Communications Limited
0.39
Voltas Limited
0.39
JK Lakshmi Cement Limited
0.38
7.44% REC Limited**
0.37
Tech Mahindra Limited
0.37
9.85% IndoStar Capital Finance Limited**
0.35
Dixon Technologies (India) Limited
0.35
8.35% SBI General Insurance Company Limited**
0.35
Nippon India ETF BSE Sensex Next 50
0.34
8.05% Summit Digitel Infrastructure Limited**
0.34
ICICI Prudential Life Insurance Company Limited
0.34
8.6% Infopark Properties Limited**
0.34
9.1% Cholamandalam Investment and Finance Company Ltd**
0.34
Westlife Foodworld Limited
0.34
9.25% SK Finance Limited**
0.34
Affle (India) Limited
0.33
ION Exchange (India) Limited
0.33
Cholamandalam Investment and Finance Company Ltd
0.31
KEC International Limited
0.30
7.9% Jamnagar Utilities & Power Private Limited**
0.29
7.96% Mindspace Business Parks REIT**
0.29
7.77% Power Finance Corporation Limited
0.28
9.41% 360 One Prime Limited**
0.28
7.42% Union Bank of India**
0.28
9.95% IndoStar Capital Finance Limited**
0.28
Maruti Suzuki India Limited
0.28
Vajra Trust**
0.28
JB Chemicals & Pharmaceuticals Limited
0.28
Ola Electric Mobility Ltd
0.26
Hindustan Aeronautics Limited
0.24
Apollo Hospitals Enterprise Limited
0.24
8.65% Torrent Power Limited**
0.23
9.09% Muthoot Finance Limited**
0.23
Vajra Trust**
0.22
5.83% State Bank of India**
0.22
Carborundum Universal Limited
0.17
6.59% Summit Digitel Infrastructure Limited**
0.17
7.29% Government of India
0.16
8.32% Torrent Power Limited**
0.11
7.78% Bajaj Housing Finance Limited
0.11
Sansar Trust**
0.09
Orient Electric Limited
0.06
8% Mahanagar Telephone Nigam Limited**
0.06
7.62% National Bank For Agriculture and Rural Development**
0.06
7.59% National Housing Bank**
0.06
8.5% Aadhar Housing Finance Limited**
0.06
7.03% State Government Securities
0.06
8.43% Muthoot Finance Limited**
0.06
7.85% Power Finance Corporation Limited**
0.05
8.35% Godrej Industries Limited**
0.05
Premier Energies Limited
0.03
Shriram Finance Limited**
0.02
7.89% Bajaj Housing Finance Limited**
0.02
Liquid Gold Series**
0.01
7.72% Government of India
0.01
8.9% IDFC First Bank Limited**
0.01
Emami Limited
0.01
8.3% Government of India
0.00
7.84% State Government Securities
0.00
7.04% State Government Securities
0.00

Sector Holding%
Miscellaneous
13.77
Bank - Private
13.26
IT - Software
7.59
Telecommunication - Service Provider
4.30
Power Generation/Distribution
3.62
Household & Personal Products
3.27
Insurance
3.07
Refineries
2.42
Engineering - Construction
2.33
Cigarettes/Tobacco
2.23
Consumer Food
2.13
Electric Equipment
1.92
Pharmaceuticals & Drugs
1.80
Finance - NBFC
1.62
Automobile Two & Three Wheelers
1.62
Retailing
1.53
Breweries & Distilleries
1.48
Bank - Public
1.41
Finance Term Lending
1.40
Engineering - Industrial Equipments
1.27
Auto Ancillary
1.23
Paints
1.13
Fintech
1.02
Mining & Minerals
0.94
Automobiles - Passenger Cars
0.90
e-Commerce
0.74
Textile
0.72
Forgings
0.59
Diversified
0.54
Air Conditioners
0.39
Cement & Construction Materials
0.38
Consumer Durables - Electronics
0.35
Restaurants
0.34
BPO/ITeS
0.33
Defence
0.24
Hospital & Healthcare Services
0.24
Abrasives
0.17
Consumer Durables - Domestic Appliances
0.06
Electronics - Components
0.03

Fund Manager

Ashutosh Bhargava

Amar Kalkundrikar

Education:B.Com, CA, CFA, MBA
Experience:16 Years
Basic Details:Collectively over 16 years experience of which 13 years in Equity Research & Portfolio Management.
Funds Managed:
Nippon India Balanced Advantage Fund
Nippon India Consumption Fund
Nippon India Vision Fund
Nippon India Balanced Advantage Fund
Nippon India Consumption Fund
Nippon India Vision Fund

Sushil Budhia

Holding Type Holding %
CARE AA-
0.62
CARE AAA(CE)
0.06
Cash
5.61
CRISIL AA
1.41
CRISIL AA+
1.50
CRISIL AA-
0.35
CRISIL AAA
6.16
CRISIL AAA(SO)
0.01
Equity
68.60
FITCH AA
0.06
ICRA AA
0.51
ICRA AA+
2.22
ICRA AA+(SO)
0.28
ICRA AA-
0.34
ICRA AAA
0.57
ICRA AAA(SO)
0.31
MFU
0.34
REITs & InvITs
3.36
Sov
7.68

About Nippon India Balanced Advantage Fund

Scheme Analysis

Nippon India Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to Nippon India Mutual Fund. It was launched on 15-Nov-2004 and currently has an AUM of ₹8,802.55 crore. Nippon India Balanced Advantage Fund is benchmarked against BSE SENSEX - TRI as primary index and CRISIL Hybrid 50+50 - Moderate Index as secondary index.

The NAV of Nippon India Balanced Advantage Fund ended down ₹-0.89(-0.52%)yesterday to ₹172.2974.

Among its top 3 holdings the fund has exposure to ICICI Bank Limited, and

The Nippon India Balanced Advantage Fund is managed by Ashutosh Bhargava and Amar Kalkundrikar.

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: https://mf.nipponindiaim.com/

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